Economy of Lithuania. Statistics, Data and Indicators
Lithuania
| 69A | Credit rank #38 |
| 148.98 | Quality of life #34 |
| 33 | Corruption rank#36 |
| 11 | Ease of doing business#14 |
Lithuania Major Economic Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 70.33 USD Billion | 2022 |
| GDP Annual Growth Rate | 0.7 % | 2Q/23 |
| GDP Growth Rate | 2.9 % | 2Q/23 |
| GDP per capita | 18367 USD | 2022 |
| Inflation Rate YoY | 6.2 % | Aug/23 |
| Interest Rate | 4.5 % | Sep/23 |
| Unemployment Rate | 8.4 % | Aug/23 |
| Wages | 2000 EUR/Month | 2117.074 USD/Month | 2Q/23 |
| Balance of Trade | -679 EUR Million | -0.719 B USD | Jul/23 |
| Current Account | -5.9 EUR Million | -0.006 B USD | Jul/23 |
| Foreign Exchange Reserves | 5479 USD Million | 5.479 B USD | Aug/23 |
| Government Debt | 25997 EUR Million | 27.519 B USD | Aug/23 |
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 70.33 USD Billion | 2022 |
| GDP Annual Growth Rate | 0.7 % | 2Q/23 |
| GDP Growth Rate | 2.9 % | 2Q/23 |
| GDP per capita | 18367 USD | 2022 |
| Gross National Product | 64444 EUR Million | 68.216 USD Billion | 2022 |
| GDP Constant Prices | 11793 EUR Million | 12.483 B USD | 2Q/23 |
| GDP per capita PPP | 39593 USD | 2022 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 38.4 % | 2022 |
| Government Budget Value | -276 EUR Million | -0.292 USD Billion | 1Q/23 |
| Government Spending | 1670 EUR Million | 1.768 USD Billion | 2Q/23 |
| Government Debt | 25997 EUR Million | 27.519 USD Billion | Aug/23 |
| Government Revenues | 5910 EUR Million | 6.256 USD Billion | 1Q/23 |
| Fiscal Expenditure | 6186 EUR Million | 6.548 B USD | 1Q/23 |
| Government Budget to GDP | -0.6 % | 2022 |
| Government Spending to GDP | 36.5 % | 2022 |
| Military Expenditure | 1732 USD Million | 1.732 B USD | 2022 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 152 index points | Aug/23 |
| Export Prices | 93.8 index points | 2Q/23 |
| Food Inflation | 10.7 % | Aug/23 |
| Gasoline Prices | 1.72 USD/Liter | Sep/23 |
| GDP Deflator | 155 index points | 2Q/23 |
| Import Prices | 90.8 index points | 2Q/23 |
| Inflation Rate YoY | 6.2 % | Aug/23 |
| Producer Prices | 130 index points | Aug/23 |
| Inflation Rate Mom | -0.2 % | Aug/23 |
| Core Consumer Prices | 141 Index Points | Jul/23 |
| Core Inflation Rate | 9.4 % | Aug/23 |
| CPI Housing Utilities | 169 Index Points | Aug/23 |
| CPI Transportation | 144 Index Points | Aug/23 |
| Harmonised Consumer Prices | 149 Index Points | Aug/23 |
| Producer Prices Change | -6.4 % | Aug/23 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | -5.1 % | 2022 |
| Balance of Trade | -679 EUR Million | -0.719 USD Billion | Jul/23 |
| Capital Flows | 761 EUR Million | 0.806 USD Billion | Jul/23 |
| Current Account | -5.9 EUR Million | -0.006 USD Billion | Jul/23 |
| Exports | 2849 EUR Million | 3.016 USD Billion | Jul/23 |
| External Debt | 48963 EUR Million | 51.829 USD Billion | 2Q/23 |
| Foreign Exchange Reserves | 5479 USD Million | 5.479 USD Billion | Aug/23 |
| Imports | 3528 EUR Million | 3.735 USD Billion | Jul/23 |
| Tourism Revenues | 168 EUR Million | 0.178 B USD | 1Q/23 |
| Tourist Arrivals | 302 Thousand Persons | 0.302 Million Persons | 1Q/23 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Gold Reserves | 5.82 Tonnes | 2Q/23 |
| Interbank Rate | 3.78 % | Aug/23 |
| Interest Rate | 4.5 % | Sep/23 |
| Loans to Private Sector | 10340 EUR Million | 10.945 USD Billion | Aug/23 |
| Money Supply M0 | 7931 EUR Million | 8.395 USD Billion | Aug/23 |
| Money Supply M1 | 34067 EUR Million | 36.061 USD Billion | Aug/23 |
| Money Supply M2 | 49880 EUR Million | 52.8 USD Billion | Aug/23 |
| Money Supply M3 | 49749 EUR Million | 52.661 USD Billion | Aug/23 |
| Central Bank Balance Sheet | 28379 EUR Million | 30.04 B USD | Jul/23 |
| Foreign Direct Investment | 583 EUR Million | 0.617 B USD | 1Q/23 |
| Private Sector Credit | 24608 EUR Million | 26.048 B USD | Aug/23 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Minimum Wages | 840 EUR/Month | 889.171 USD/Month | 3Q/23 |
| Retirement Age Men | 64.33 | 2022 |
| Retirement Age Women | 63.67 | 2022 |
| Unemployment Rate | 8.4 % | Aug/23 |
| Wages | 2000 EUR/Month | 2117.074 USD/Month | 2Q/23 |
| Youth Unemployment Rate | 8.4 % | Jul/23 |
| Employed Persons | 1445 Thousand Person | 1.445 Million Person | 2Q/23 |
| Employment Change | 1.3 % | 2Q/23 |
| Employment Rate | 73.8 % | 2Q/23 |
| Full Time Employment | 1304 Thousand Person | 2Q/23 |
| Job Vacancies | 28082 | 28.082 K | 2Q/23 |
| Labor Force Participation Rate | 62.2 % | 1Q/23 |
| Long Term Unemployment Rate | 2 % | 2Q/23 |
| Part Time Employment | 73.4 Thousand Persons | 2Q/23 |
| Unemployed Persons | 149 Thousand Persons | 0.149 Million Persons | Aug/23 |
| Wages in Manufacturing | 2000 EUR/Month | 2117.074 USD/Month | 2Q/23 |
Taxes
| Indicator | Data | Period |
|---|---|---|
| Corporate Tax Rate | 15 % | 2023 |
| Personal Income Tax Rate | 20 % | 2023 |
| Sales Tax Rate | 21 % | 2023 |
| Social Security Rate | 21.27 % | 2023 |
| Social Security Rate For Companies | 1.77 % | 2023 |
| Social Security Rate For Employees | 19.5 % | 2023 |
Production Indicators
| Indicator | Data | Period |
|---|---|---|
| Crude Oil Production | 0.7 BBL/D/1K | Jan/23 |
| Electricity Production | 300 GWh | Jul/23 |
| Industrial Production | -7.3 % | Aug/23 |
| Mining Production | -6.8 % | Jun/23 |
| Industrial Production (MoM) | 3.8 % | Aug/23 |
Business Indicators
| Indicator | Data | Period |
|---|---|---|
| Bankruptcies | 283 Companies | 2023 |
| Business Confidence | -14.2 index points | Sep/23 |
| Corruption Index | 62 index points | 2022 |
| Corruption Rank | 33 place | 2022 |
| Ease of Doing Business | 11 place | 2019 |
| Manufacturing Production | 7.4 % | Jun/23 |
| Competitiveness Index | 68.35 Index Points | 2019 |
| Competitiveness Rank | 39 | 2019 |
Consumer Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Confidence | 1 index points | Sep/23 |
| Retail Sales MoM | 4.2 % | Aug/23 |
| Retail Sales YoY | -0.9 % | Aug/23 |
| Consumer Credit | 1050 EUR Million | 1.111 USD Billion | Aug/23 |
| Consumer Spending | 6949 EUR Million | 7.356 USD Billion | 2Q/23 |
| Households Debt To GDP | 21.77 % | 1Q/23 |
| Households Debt To Income | 38.09 % | 2021 |
